Microchip Technology (MCHP) Declares $0.383 Quarterly Dividend; 2% Yield
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Microchip Technology Increases Quarterly Cash Dividend 38.8% Year-Over-Year to 38.3 Cents per Share
May 4, 2023 4:15 PM EDTCHANDLER, Ariz., May 04, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that its Board of Directors declared a quarterly cash dividend on its common stock of 38.3 cents per share. The dividend is payable on June 5, 2023, to stockholders of record on May 22, 2023. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 77 times since its inception.
Microchips financial performance in the March 2023 quarter was very strong, resulting in solid cash generation and... More
